Windermere Cronin & Caplan Realty Group, Inc.
Windermere Real Estate / Stellar Group
FOR IMMEDIATE RELEASE:
March 4, 2011
For additional information, please contact:
Carisa Talbot, Marketing & Communications
503-497-2928, carisatalbot@windermere.com
Not A Bad Real Estate Market After All – Cambridge Over 95% Sold
Portland Condo Living: An Attractive Option for International, East and West Coast Buyers
Portland, OR – March 4, 2011 – The Cambridge is currently over 95% sold with only 4 units left to purchase. The condominiums, located on NW Westover at the entrance to NW Heights, are owned by Cambridge Condominiums, LLC. These condos are centered in a Portland hot spot surrounded by restaurants, shops, parks, schools and several other amenities. MJ Steen, one of Windermere Cronin & Caplan Realty Group’s top agents, has played an intricate role in the sale of The Cambridge units. Selling 10 units in 2010 and 23 units altogether since 2008, Steen can confidently say the market has not faltered.
There are still buyers out there and a diverse group of buyers they are. Steen noticed a great deal of interest in The Cambridge condos from international, East coast and California buyers. Some were searching for a quiet and private retreat in order to escape their hectic work life. Others were looking to down-size, retire, or inhabit a Portland-based home while conducting their large-scale business; all were seeking a unique community that has every convenience within a 5 block radius. The ever famous NW 23rd Avenue is a block away. The location is accessible to the Max line and other public transportation. What more could a Cambridge resident ask for?
The Cambridge is an appealing opportunity attracting a diverse group of buyers with a number of needs, not all alike. MJ Steen is more than pleased with the outcome of these sold condos and townhomes which have made an impression in this so-called “failing” real estate market. There are buyers out there and the units being sold at The Cambridge are evidence of that.
For more information about this topic, or to schedule an interview with MJ Steen, please contact MJ Steen at 503-497-5199 or e-mail MJ at MJSteen@Windermere.com
About Windermere Cronin & Caplan Realty Group, Inc.
Windermere Cronin & Caplan Realty Group handles residential and commercial real estate transactions from offices in Portland, Vancouver, Lake Oswego, West Linn and the North Oregon Coast. The locally owned and managed firm is an affiliate of Windermere Real Estate, the leading residential real-estate network in the West with nearly 6,500 associates in more than 225 offices. All Windermere brokers donate a portion of their commissions to the Windermere Foundation, a 501(c)(3) non-profit organization that distributes funds to homeless and low-income children and families. More information can be found at www.joantateallen.mywindermere.com or call 503-412-1600.
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